Lawyers Title Market Report

Apache Junction, AZ

Single-Family Homes

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Apache Junction, AZ

Thu Feb 21 2019
This week the median list price for Apache Junction, AZ is $254,875 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 126. Click here to stay informed with the Apache Junction market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Apache Junction, AZ

Thu Feb 21 2019
This week the median list price for Apache Junction, AZ is $254,875 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 126. Click here to stay informed with the Apache Junction market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Apache Junction market.
Median List Price $254,875
Per Square Foot $167
Days on Market 102
Price Decreased 40%
Price Increased 7%
Relisted 4%
Inventory 126
Median House Rent
Most Expensive $997,500
Least Expensive $100,000
Market Action Index
Slight Seller's Advantage
36

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$549,000 2,766 1 - 2.5 acres 3 3 14 3 4 178
$334,500 1,824 1 - 2.5 acres 3 2 27 5 2 98
$229,950 1,598 0 - 4,500 sqft 3 2 18 7 6 67
$199,900 1,190 0 - 4,500 sqft 3 2 34 6 7 67